Please use this identifier to cite or link to this item: https://hdl.handle.net/10316/102579
DC FieldValueLanguage
dc.contributor.authorPereira, Guillermo Ivan-
dc.contributor.authorSilva, Patrícia Pereira da-
dc.contributor.authorCerqueira, Pedro André-
dc.date.accessioned2022-10-02T14:19:34Z-
dc.date.available2022-10-02T14:19:34Z-
dc.date.issued2020-07-
dc.identifier.issn0301-4215pt
dc.identifier.urihttps://hdl.handle.net/10316/102579-
dc.description.abstractThe transition to a cleaner and smarter electricity system is being spurred by new policy approaches aiming at delivering a decentralized, digital, and decarbonized energy future. This calls for the adaptation of incumbent technologies, policies, and actors, as well as for the introduction of new system components. The changing role of electricity distribution systems, and of distribution system operators, has been a focal aspect of recent market design efforts, given the critical role of network infrastructure and the importance to adjust its operations, and regulatory framework. We build on a novel dataset from 124 DSOs and apply a methodology combining Factor analysis and a Tobit model to evaluate the role of market, regulatory, investment, and firm-level factors on technological, business model, and market design adaptation. Our results indicate that hybrid regulatory models contribute to DSOs adaptation. Investing in smart grids is found to have a positive effect on adaptation. Regarding firm-level characteristics, the results indicate that unbundling does not affect adaptation, however larger DSOs are found to be better able to adapt. These findings provide timely empirical evidence for advancing regulatory and policy approaches toward the adaptation of incumbents in a rapidly changing electricity sector.pt
dc.description.sponsorshipThe authors acknowledge the Portuguese National Foundation for Science and Technology (FCT) for supporting this work through the Doctoral Grant PD/BD/105841/2014, awarded under the framework of the MIT Portugal Program funded through the POPH/FSE. Additionally, this work has been funded by national funds through FCT – Fundação para a Ciência e a Tecnologia, I.P., Projects UIDB/05037/2020, UIDB/ 00308/2020, POCI-01-0145-FEDER-016434, PTDC/EEI-EEE/29820/ 2017 well as by the Energy for Sustainability Initiative of the University of Coimbra.pt
dc.language.isoengpt
dc.publisherElsevierpt
dc.relationinfo:eu-repo/grantAgreement/FCT/FARH/PD/BD/105841/2014/PT/A Designarpt
dc.relationinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB/00308/2020/PT/Institute for Systems Engineering and Computers at Coimbra - INESC Coimbrapt
dc.relationPOCI-01-0145-FEDER-016434pt
dc.relationinfo:eu-repo/grantAgreement/FCT/9471 - RIDTI/PTDC/EEI-EEE/29820/2017/PT/Tools for supporting the selection of energy efficient technologiespt
dc.relationUIDB/05037/2020pt
dc.rightsembargoedAccesspt
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/pt
dc.subjectSmart gridspt
dc.subjectDecentralizationpt
dc.subjectElectricity distributionpt
dc.subjectPolicypt
dc.subjectRegulationpt
dc.subjectAdaptationpt
dc.titleElectricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factorspt
dc.typearticleen_US
degois.publication.firstPage111477pt
degois.publication.issue142pt
degois.publication.titleEnergy Policypt
dc.date.updated2022-09-30T14:44:25Z-
dc.peerreviewedyespt
dc.identifier.doi10.1016/j.enpol.2020.111477pt
dc.description.versionE111-E588-9345 | Patrícia Pereira da Silva-
dc.description.versioninfo:eu-repo/semantics/publishedVersion-
dc.identifier.slugcv-prod-1785629-
dc.date.embargo2023-07-01*
uc.date.periodoEmbargo1095pt
item.openairetypearticle-
item.fulltextCom Texto completo-
item.languageiso639-1en-
item.grantfulltextopen-
item.cerifentitytypePublications-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
crisitem.project.grantnoInstitute for Systems Engineering and Computers at Coimbra - INESC Coimbra-
crisitem.project.grantnoCeBER- Centre for Business and Economics Research-
crisitem.author.researchunitCeBER – Centre for Business and Economics Research-
crisitem.author.researchunitGroup for Monetary and Financial Studies-
crisitem.author.researchunitCeBER – Centre for Business and Economics Research-
crisitem.author.orcid0000-0002-5862-1278-
crisitem.author.orcid0000-0002-3155-188X-
Appears in Collections:I&D INESCC - Artigos em Revistas Internacionais
I&D CeBER - Artigos em Revistas Internacionais
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